Mobileye Q3 revenue $530M (+18% YoY); GAAP operating profit vs loss; adj EPS $0.22

Mobileye Global Inc.

2023-Q3 EPS reported -$0.11 revenue$1,442,000,000

Revenue $530M (+18% YoY); GAAP operating income $8M vs $25M loss; GAAP diluted EPS $0.02, adjusted $0.22.
Gross margin 51% (+310 bps YoY); adjusted gross margin 69% (-472 bps) due to higher EyeQ chip cost pass-through.
FAW and Polestar design wins for SuperVision/Chauffeur; Zeekr OTA update to >110k vehicles.
Cash $1.2B, zero debt; nine-month operating cash flow $285M.
On track for 2023 design wins to exceed 2022 record on volume, revenue, and ASP.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Mobileye Global Inc. reported quarter ended September 30, 2023 results: revenue $530 million, net income $17 million, EPS $0.02.

Period: quarter ended September 30, 2023
Revenue: $530 million
Net income: $17 million
EPS: $0.02
Result: reported results

Exact text from the filing

EXHIBIT 99.1 Exhibit 99.1 Mobileye Releases Third Quarter 2023 Results, Updates Guidance and Provides Business Overview · Revenue increased 18% year over year to $530 million in the third quarter. · Operating Income and Adjusted Operating Income improved substantially versus the third quarter of 2022. · Diluted EPS (GAAP) was $0.02 and Adjusted

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Mobileye Global Inc. filing history →

Source: SEC EDGAR

accession 0001104659-23-111583

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